Seagram Company Ltd. has purchased another 4.5 million shares of Time Warner Inc., increasing its stake in the media and entertainment conglomerate to 9.3%, or about $ 1.54 billion.
Metro-Goldwyn-Mayer Inc. said it has redeemed the entire outstanding principal amount, about $ 108 million, of its 13% subordinated debentures due Dec. 15, 1996. The redemption is in accordance with…
Black women's groups urged a national crusade Friday to persuade the music industry to clean up violent gangsta rap lyrics that they said demean and threaten women.
Euro Disney SCA chairman Philippe Bourguignon refused to say whether Euro Disney had considered filing for bankruptcy.
Struggling to close their contract battle before the holidays, the IATSE and the producers bargained into the early hours Saturday, but once more left the table without a pact.
In a $ 1 billion roll of the dice, MGM mogul Kirk Kerkorian opened the MGM Grand, the world's biggest hotel and casino, Friday night amid a Hollywood flourish of celebrities and glitz despite the…
Attorneys for Michael Jackson were dealt a setback Friday when a judge ruled that police investigators can obtain information gathered by the attorney for the 13-year-old boy who is suing the pop…
Lindsley Parsons Jr., president and chief operating officer of Lucas Digital Ltd., will step down in mid-January, the company announced.
National Research Group head Joe Farrell circulated a memo to his entertainment industry clients last Friday that denied charges in a Wall Street Journal article that his company doctors film test…
The battle for Paramount Communications enters its critical stages today. After three months of desperately trying to consummate its proposed marriage to Viacom Inc., Par's board of directors will…